NEW
YORK, Dec. 30, 2024 /PRNewswire/
-- LivePerson, Inc. (Nasdaq: LPSN) is providing confirmatory
notice, in compliance with the requirements of Nasdaq Listing Rule
5635(c)(4), of recent grants of equity-based incentive awards that
LivePerson made under the LivePerson Inc. 2018 Inducement Plan (the
"Inducement Plan").
LivePerson established the Inducement Plan for the purpose of
providing equity-based incentive awards to new hires and has done
so during active periods of hiring. In December 2024, LivePerson granted an award of
restricted stock units ("RSUs") to 19 new employees in respect of
1,554,059 shares of LivePerson's common stock. 608,000 of the
RSUs vest in equal installments on the first and second
anniversaries of the date of grant, 401,472 of the RSUs vest in
full six months after the date of grant, and 544,597 of the RSUs
vest in full three months after the date of grant.
All of the RSUs are subject to the grantee's continued
employment on the scheduled vesting date. Each RSU award that was
granted under the Inducement Plan was granted as an inducement that
was material to the grantee's entering into employment with
LivePerson.
About LivePerson, Inc.
LivePerson (NASDAQ: LPSN) is a leader in trusted enterprise
conversational AI and digital transformation. The world's leading
brands — including HSBC, Chipotle, and Virgin Media — use our
award-winning Conversational Cloud platform to connect with
millions of consumers. We power nearly a billion conversational
interactions every month, providing uniquely rich data analytics
and safety tools to unlock the power of conversational AI for
better business outcomes. Fast Company named LivePerson the #1 Most
Innovative AI Company in the world. Learn more at
liveperson.com.
Investor Contact:
ir-lp@liveperson.com
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SOURCE LivePerson, Inc.